Examples of ABFL in a sentence
ABFL shall, at its discretion, obtain a confidential credit report on the borrower from its other lenders.
The standard terms and conditions set out herein (the "Standard Terms") shall be applicable to the Facility/Loan provided/ to be provided by ABFL to the Borrower(s).
The ABFL shall have the right to recall the Loan at any time at its discretion, without assigning any reasons for such recall, and upon such recall, the Loan and all other amounts stipulated by the ABFL shall be payable forthwith.
ABFL shall have the right to recall the Facility at any time at its discretion, without assigning any reasons for such recall, and upon such recall, the Loan and all other amounts stipulated by the ABFL shall be payable forthwith.
If ABFL establishes third party payment made on behalf of the customer on any outstanding dues for his/her loan, then Borrower will need to provide a detailed consent letter in writing to ABFL within 30 days from ABFL’s communication to the customer.
The amount pre payable shall be determined by ABFL and subject to prepayment/foreclosure charge of 0% of Loan outstanding.
Upon the representation and information provided by the Borrower in the application for the loan made to the ABFL, the ABFL hereby agrees to lend to the Borrower the Sanctioned Amount for the purpose here in above.
A certificate issued by the ABFL stating the amount due at any particular time shall be conclusive evidence as against the Borrower.
The Borrower acknowledges that the Cheques/ SI/NACH/ Po-UPI mode of repayment is issued in favour of the ABFL, in advance for the payment of the EMIs. The ABFL may at any time at its sole discretion, with prior notice to the Borrower, make a demand for the repayment of the loan and dues thereto.
The Borrower shall not revoke the Cheque/SI/NACH/ Po-UPI mode for payment of the EMIs during the tenure of this Loan, except with the prior approval of the ABFL.